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Organizational Culture: A Key to Financial Performance?
Reveals how examining climate and culture together can advance understanding of the behavior of individuals within organizations, as well as overall organizational performance in such diverse areas as financial planning, marketing, and human…
Organizational Decline Processes: A Social Psychological Perspective
PDE Solutions of Stochastic Differential Utility
This paper presents conditions for the existence and properties of stochastic differential utility as a solution of a partial differential equation. Stochastic differential utility is an extension of the classical additively-separable utility…
Quota-Based Compensation Schemes For Multi-Territory Salesforces
We show that sales quotas play an essential role in compensation schemes for multi-territory salesforces. A quota-based compensation scheme (i.e., salary plus commission proportional to sales beyond the quota) has the advantage of being simple.…
Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities
Rationalizability, Learning and Equilibrium in Games with Strategic Complementarities
We study a class of non-cooperative games that includes many standard oligopoly games, macro economic coordination games, network and production externality games, and others. For these games, the sets of rationalizable strategies, pure Nash…
Re-organization as a Response to the Market: Analysis of the Disintegration of American Film Production in the Post-war Period
Abstract not available.
Repeated Games with Long-run and Short-run Players
Salesforce Compensation Plans: An Empirical Test of the Agency Theory Framework
A series of recent papers have attempted to investigate the issue of how to compensate a salesforce using the agency theory paradigm. These investigations hypothesize various factors to affect the form of the compensation plan defined in terms of…
A Scanner-Based Proxy for Manufacturer's Coupons in Brand Choice Models
A potentially serious threat to the validity of estimates of predictor variable impact in logistic models of brand choice is the omission of important explanatory variables from the empirical analysis. An obvious omission from most previous…
Stochastic Differential Utility and Asset Pricing
This paper presents a stochastic differential formulation of recursive utility. Sufficient conditions are given for existence, uniqueness, time consistency, monotonicity, continuity, risk aversion, concavity, and other properties. In a “smooth”…
Strategic choice in conflicts: The importance of relationships
Sunshine Trading and Financial Market Equilibrium
This paper considers the possibility that certain traders in a financial market preannounce the size of their order prior to trading, a practice that has come to be known as “sunshine trading.” Assuming that preannouncement is made by some of the…
Suspicion of Ulterior Motivation and the Correspondence Bias
Three studies examined the hypothesis that when perceivers learn of the existence of multiple, plausibly rival motives for an actor’s behavior, they are less likely to fall prey to the correspondence bias than when they learn of the existence of…
Temporal Order and the Perceived Mutability of Events: Implications for Blame Assignment
Hypothesized that later occurrences in a series of events tend to evoke counterfactual alternatives more strongly and, hence, tend to be blamed more for ensuing negative outcomes than do earlier occurrences. In Study 1, Ss played the role of…
The Counterfactual Fallacy: Confusing What Might Have Been with What Ought to Have Been
The thesis of this article is that reactions to misfortunes are often biased by the counterfactual fallacy: the tendency to view events that can easily be imagined otherwise as events that ought not to have been. Drawing upon a diverse set of…
The Economics of Modern Manufacturing: Technology, Strategy, and Organization
Manufacturing is undergoing a revolution. The mass production model is being replaced by a vision of a flexible multiproduct firm that emphasizes quality and speedy response to market conditions while utilizing technologically advanced equipment…
The Effect of Purchase Quantity and Timing on Variety-Seeking Behavior
The Effects of Sequential Introduction of Brand Extensions
A laboratory experiment examines factors affecting evaluations of proposed extensions varying in similarity from a core brand that has or has not already been extended into other product categories. Specifically, the perceived quality of the core…
The Evolutionary Stability of Cooperation in the Iterated Prisoner's Dilemma
We establish conditions under which cooperation will evolve in conflict situations modelled as tournaments of iterated Prisoner’s Dilemma games. Though no strategies that are less than half of the population turn out to be stable even in the…